Adam E. asked
The executor of my mom's estate lent money to her husband using my mom's money as collateral. Now he filed for Chapter 7 bankruptcy and his debt was discharged. Who is responsible for paying back the $950,000 he borrowed, and do my siblings and I have to wait for the apartment to sell to distribute cash because the money invested and the apartment are all part of a trust?
March 19th, 2023
Sarah S. answered
The executor of the estate is responsible for repaying the $950,000 loan, as they had no authority t...
March 19th, 2023
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